Download Free Sample
Author
Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of expe.....
Dairy Blends Market: By Type, By Form, By Application, By Distribution Channel, and Geography
Dairy Blends Market: By Type, By Form, By Application, By Distribution Channel, and Geography
Dairy Blends Market size was valued at US$ 4,945.3 million in 2023 and is poised to grow at a CAGR of 8.1% during the forecast period 2024 to 2030. The global market provides a detailed overview of the market, and that can be segmented by type, by form, by application, and by Distribution channel. By type, the market has been segmented into Dairy Mixtures, Dairy as Carrier, Dairy as Functional Ingredient, Dairy/Non-Dairy Ingredients, and Others. The Dairy as Carrier segment is likely to be the significant growing segment in terms of type. Based on Form, the market is segmented into Powder, Liquid, and Spreadable. Among these, the powder segment is expected to have the fastest-growing market during the forecast period 2023-2029. The powder form is mainly used in producing infant formulations or baby food products. It also functions as a sweetener and stabilizer in yogurts and ice cream.
Furthermore, it is easy to stock and has an extended shelf life due to its dry form. Since the powder is made frequently by spray-drying milk, it comprises all the nutritional values that is present in regular cows milk. These factors are expected to drive the segment. Based on application, the market is segmented into Bakery & Confectionaries, Ready-Cooked Dishes, Infant Formula, Dairy products, Sports & health foods, and Others. Among these, the Bakery & Confectionaries segment is expected to have the fastest-growing market during the forecast period 2022-2028.
Spreadable blends and powder are both used in cakes and bread making. Numerous cake toppings are made by combining several kinds of flavors into these blends. These blends aid as excellent substitutes for butter and traditional milk due to important innovations in the production of bakery products to fulfill the demand of the health-conscious populace. Moreover, manufacturers offer customized dairy blends that have various nutritional values according to the preference of the consumer. This is expected to increase the product demand in the bakery segment. Based on the Distribution channel, the market is segmented into Supermarkets & Hypermarkets, Online stores, and Others. The Supermarkets & Hypermarkets segment is expected to have a significant share in 2021.
Study Period
2024-2030Base Year
2023CAGR
8.1%Largest Market
North-AmericaFastest Growing Market
Asia Pacific
The increase in the working women population and rapid urbanization are anticipated to propel the market growth over the forecast years. Moreover, the benefits of dairy blends, such as less cooking time and being full of nutrients, has made it suitable for consumption for babies and health-conscious people, which is burgeoning the market growth over the forecast years.
North American market is expected to witness the highest market share during the forecast period
Latin America
Europe
Asia Pacific
Middle East
North America
|
Report Benchmarks |
Details |
|
Report Study Period |
2024-2030 |
|
Market Size in 2023 |
US$ 4,945.3 million |
|
Market CAGR |
8.1% |
|
By Type |
|
|
By Form |
|
|
By Application |
|
|
By Distribution Channel |
|
Download Free Sample Report
The global dairy blends market size was valued at US$ 4,945.3 million in 2023 and is projected to grow at a CAGR of 8.1% from 2024 to 2030
Abbott Nutrition (U.S), Agri-Mark Inc. (U.S), All American Foods Inc. (U.S), Bakels Edible Oil (New Zealand), Fonterra Co-operative Group Limited (New Zealand), Cargill, Inc. (U.S), Kerry Group (Ireland), Royal Frieslandcampina N.V. (Netherlands), Agropur Ingredients (U.S), Döhler Group (Germany)
North American is the fastest-growing region for dairy blends market
| 1.Executive Summary |
| 2.Global Dairy Blends Market Introduction |
| 2.1.Global Dairy Blends Market - Taxonomy |
| 2.2.Global Dairy Blends Market - Definitions |
| 2.2.1.Type |
| 2.2.2.Application |
| 2.2.3.Form |
| 2.2.4.Distribution Channel |
| 2.2.5.Region |
| 3.Global Dairy Blends Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Dairy Blends Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Dairy Blends Market By Type , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Dairy Mixtures |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Dairy as Carrier |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Dairy as Functional Ingredient |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Dairy/Non-Dairy Ingredients |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Others |
| 5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 6.Global Dairy Blends Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Bakery & Confectionaries |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Ready-Cooked Dishes |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Infant Formula |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Dairy products |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Sports & health foods |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Others |
| 6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 7.Global Dairy Blends Market By Form, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Powder |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Liquid |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Spreadable |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 8.Global Dairy Blends Market By Distribution Channel, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. Supermarkets |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Hypermarkets |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Online Stores |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 9.Global Dairy Blends Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. North America |
| 9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.1.3. Market Opportunity Analysis |
| 9.2. Europe |
| 9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.2.3. Market Opportunity Analysis |
| 9.3. Asia Pacific (APAC) |
| 9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.3.3. Market Opportunity Analysis |
| 9.4. Middle East and Africa (MEA) |
| 9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.4.3. Market Opportunity Analysis |
| 9.5. Latin America |
| 9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.5.3. Market Opportunity Analysis |
| 10.North America Dairy Blends Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Dairy Mixtures |
| 10.1.2.Dairy as Carrier |
| 10.1.3.Dairy as Functional Ingredient |
| 10.1.4.Dairy/Non-Dairy Ingredients |
| 10.1.5.Others |
| 10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Bakery & Confectionaries |
| 10.2.2.Ready-Cooked Dishes |
| 10.2.3.Infant Formula |
| 10.2.4.Dairy products |
| 10.2.5.Sports & health foods |
| 10.2.6.Others |
| 10.3. Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Powder |
| 10.3.2.Liquid |
| 10.3.3.Spreadable |
| 10.4. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Supermarkets |
| 10.4.2.Hypermarkets |
| 10.4.3.Online Stores |
| 10.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.5.1.United States of America (USA) |
| 10.5.2.Canada |
| 11.Europe Dairy Blends Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Dairy Mixtures |
| 11.1.2.Dairy as Carrier |
| 11.1.3.Dairy as Functional Ingredient |
| 11.1.4.Dairy/Non-Dairy Ingredients |
| 11.1.5.Others |
| 11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Bakery & Confectionaries |
| 11.2.2.Ready-Cooked Dishes |
| 11.2.3.Infant Formula |
| 11.2.4.Dairy products |
| 11.2.5.Sports & health foods |
| 11.2.6.Others |
| 11.3. Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Powder |
| 11.3.2.Liquid |
| 11.3.3.Spreadable |
| 11.4. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.Supermarkets |
| 11.4.2.Hypermarkets |
| 11.4.3.Online Stores |
| 11.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.5.1.Germany |
| 11.5.2.France |
| 11.5.3.Italy |
| 11.5.4.United Kingdom (UK) |
| 11.5.5.Spain |
| 12.Asia Pacific (APAC) Dairy Blends Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Dairy Mixtures |
| 12.1.2.Dairy as Carrier |
| 12.1.3.Dairy as Functional Ingredient |
| 12.1.4.Dairy/Non-Dairy Ingredients |
| 12.1.5.Others |
| 12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Bakery & Confectionaries |
| 12.2.2.Ready-Cooked Dishes |
| 12.2.3.Infant Formula |
| 12.2.4.Dairy products |
| 12.2.5.Sports & health foods |
| 12.2.6.Others |
| 12.3. Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Powder |
| 12.3.2.Liquid |
| 12.3.3.Spreadable |
| 12.4. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.Supermarkets |
| 12.4.2.Hypermarkets |
| 12.4.3.Online Stores |
| 12.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.5.1.China |
| 12.5.2.India |
| 12.5.3.Australia and New Zealand (ANZ) |
| 12.5.4.Japan |
| 12.5.5.Rest of APAC |
| 13.Middle East and Africa (MEA) Dairy Blends Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Dairy Mixtures |
| 13.1.2.Dairy as Carrier |
| 13.1.3.Dairy as Functional Ingredient |
| 13.1.4.Dairy/Non-Dairy Ingredients |
| 13.1.5.Others |
| 13.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Bakery & Confectionaries |
| 13.2.2.Ready-Cooked Dishes |
| 13.2.3.Infant Formula |
| 13.2.4.Dairy products |
| 13.2.5.Sports & health foods |
| 13.2.6.Others |
| 13.3. Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Powder |
| 13.3.2.Liquid |
| 13.3.3.Spreadable |
| 13.4. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Supermarkets |
| 13.4.2.Hypermarkets |
| 13.4.3.Online Stores |
| 13.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.5.1.GCC Countries |
| 13.5.2.South Africa |
| 13.5.3.Rest of MEA |
| 14.Latin America Dairy Blends Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 14.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.1.1.Dairy Mixtures |
| 14.1.2.Dairy as Carrier |
| 14.1.3.Dairy as Functional Ingredient |
| 14.1.4.Dairy/Non-Dairy Ingredients |
| 14.1.5.Others |
| 14.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.2.1.Bakery & Confectionaries |
| 14.2.2.Ready-Cooked Dishes |
| 14.2.3.Infant Formula |
| 14.2.4.Dairy products |
| 14.2.5.Sports & health foods |
| 14.2.6.Others |
| 14.3. Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.3.1.Powder |
| 14.3.2.Liquid |
| 14.3.3.Spreadable |
| 14.4. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.4.1.Supermarkets |
| 14.4.2.Hypermarkets |
| 14.4.3.Online Stores |
| 14.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.5.1.Brazil |
| 14.5.2.Mexico |
| 14.5.3.Rest of LA |
| 15. Competition Landscape |
| 15.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 15.2.1.Abbott Nutrition |
| 15.2.2.Agri-Mark Inc. |
| 15.2.3.All American Foods Inc. |
| 15.2.4.Bakels Edible Oil |
| 15.2.5.Fonterra Co-operative Group Limited |
| 15.2.6.Cargill, Inc. |
| 15.2.7.Kerry Group |
| 15.2.8.Royal Frieslandcampina N.V. |
| 15.2.9.Agropur Ingredients |
| 15.2.10.Dahler Group |
| 16. Research Methodology |
| 17. Appendix and Abbreviations |
Key Market Players
Author
Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of experience in the field of market research. Sravani is adept at creating competitive evaluations, precise market estimations, and market projections, emphasizing the food and beverage and information and communication technology (ICT) industries. Her areas of competence are identifying important players, projecting market trends, and assessing the potential for industry growth. She applies a strong analytical approach to provide precise market estimates and thorough industry analysis, empowering organizations to make data-driven decisions. Sravani's estimating and forecasting abilities are essential for businesses to take advantage of new opportunities and effectively manage dynamic market environments.